GMRS Radios Market SWOT and PEST Analysis 2022-2030
The general mobile radio service (GMRS) radios market size is projected to reach US$ 162.88 Million by 2030 from US$ 131.00 Million in 2022. The market is expected to register a CAGR of 2.9% during 2022–2030. The development of advanced GMRS radios is likely to remain a key trend in the market.
General Mobile Radio Service (GMRS) Radios Market Analysis
Older people suffer from various diseases, such as dementia, which slow down or restrict their mobility. GMRS radios help the elders communicate quickly with their family members in the same house in case of quick assistance or any other health-related emergency.
GMRS radios are used in natural disasters such as tornadoes, hurricanes, and wildfires when there is no communication power. These radios are handy in these situations and assist in communicating between long-range neighborhoods. In addition, the radios with National Oceanic and Atmospheric Administration (NOAA) weather alert channels benefit citizens to be prepared if the weather worsens.
General Mobile Radio Service (GMRS) Radios Market Overview
The General Mobile Radio Service (GMRS) radio is a licensed radio service that operates on channels 462 and 467 MHz. The most popular application for GMRS channels is short-distance, two-way voice communications via handheld radios, mobile radios, and repeaters. Individuals can use the GMRS to provide short-distance two-way communications between licensees and their close family members. Each licensee administers a system comprising one or more transmitting units (stations). The GMRS radio rules limit people's eligibility for new GMRS system licenses to make the service available to personal users.
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General Mobile Radio Service (GMRS) Radios Market: Strategic Insights
General Mobile Radio Service (GMRS) Radios Market
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![CAGR](https://www.theinsightpartners.com/assets/images/rd_int_img/cagr.png)
CAGR (2022 - 2030)
2.9%
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Market Size 2022
US$ 131.00 Million
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Market Size 2030
US$ 162.88 Million
Market Dynamics
GROWTH DRIVERS
- Growing In-vehicle Application
FUTURE TRENDS
- Development of advanced GMRS radios
OPPORTUNITIES
- Application in Emergencies
Key Players
- QYT Electronics Co Ltd
- Tidradio
- Rugged Race Products Inc
- Quanzhou Chierda Electronic Telecom Co Ltd
- WOUXUN ELECTRONICS CO LTD
- Midland Radio Corp
- Hongkong Retevis Trade Co Ltd
- Fujian Baofeng Electronics Co Ltd
- Sainstore Inc
- Iradio Electronics Co Ltd
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Type
- Handheld
- In-vehicle
Application
- Recreational
- Off-road
- Agriculture
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
General Mobile Radio Service (GMRS) Radios Market: Strategic Insights
-
CAGR (2022 - 2030)2.9% -
Market Size 2022
US$ 131.00 Million -
Market Size 2030
US$ 162.88 Million
![The Insight Partners - Logo](https://www.theinsightpartners.com/assets/images/rd_int_img/tip-logo.jpg)
Market Dynamics
- Growing In-vehicle Application
- Development of advanced GMRS radios
- Application in Emergencies
Key Players
- QYT Electronics Co Ltd
- Tidradio
- Rugged Race Products Inc
- Quanzhou Chierda Electronic Telecom Co Ltd
- WOUXUN ELECTRONICS CO LTD
- Midland Radio Corp
- Hongkong Retevis Trade Co Ltd
- Fujian Baofeng Electronics Co Ltd
- Sainstore Inc
- Iradio Electronics Co Ltd
Regional Overview
![Regional Overview](https://www.theinsightpartners.com/assets/images/rd_int_img/ig-regional.png)
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
![Market Segment](https://www.theinsightpartners.com/assets/images/rd_int_img/cust_bullet_danger.png)
- Handheld
- In-vehicle
![Market Segment](https://www.theinsightpartners.com/assets/images/rd_int_img/cust_bullet_warning.png)
- Recreational
- Off-road
- Agriculture
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
General Mobile Radio Service (GMRS) Radios Market Drivers and Opportunities
Growing In-vehicle Application to Favor Market
The in-vehicle GMRS radios are attached to vehicles and help the operators communicate even when the vehicle is moving. They are widely used in agriculture, off-road, racing, recreational vehicle (RV) travel, overland, and adventurous activities. GMRS radios are easily compatible with tractors, sprayers, semi-trucks, and more in agricultural fields. It allows reliable and efficient communication between the farm operators, contributing to its demand in the agricultural sector. Further, off-road activities generally occur in mountains, forests, and deserts where cell phone network availability is inefficient or sometimes unavailable. GMRS radios help operators to have clear and long-range communications among the group members engaged in off-road activities. They are also very useful in case of mechanical failure of the vehicles or any medical emergency, which contributes to their preference over cell phones by off-road enthusiasts, thereby propelling the market growth for the segment. A few in-vehicle GMRS radio market players are MIDLAND Radio and BAOFENG TECH, among others.
Application in Emergencies
GMRS radios have shown to be quite useful in emergencies. When standard communication channels fail, GMRS radios can be lifelines for those in need. GMRS radios can be used during natural disasters, search and rescue operations, or to coordinate emergency medical services, GMRS radios provide a reliable way of communication that can save lives. GMRS radios are essential for emergency preparedness due to their enhanced range, interference reduction features, and compatibility with other emergency communication systems.
General Mobile Radio Service (GMRS) Radios Market Report Segmentation Analysis
Key segments that contributed to the derivation of the general mobile radio service (GMRS) radios market analysis are type and application.
- Based on the type, the general mobile radio service (GMRS) radios market is segmented as handheld and in-vehicle.
- In terms of application, the market is segmented into recreational, off-road, agriculture, and others.
General Mobile Radio Service (GMRS) Radios Market Share Analysis by Geography
The geographic scope of the general mobile radio service (GMRS) radios market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America. GMRS and FRS are illegal in India. According to the Government of India, under GSR 1047(E) dated 18 October 2018, PMR radios with frequency band 446.0–446.2 MHz and a maximum transmit power of 500 mW have been allowed license-free in the country since 2018. These radios are an ideal technology for all sorts of users. They can be used at construction sites, factories, and sports complexes, and in tourism. In addition, off-road competitions such as the Indian National Rally Championship and Ultimate Desert Challenge use such radios to communicate among the participants and the competition authorities. Moreover, events such as RAINFOREST CHALLENGE INDIA, which are conducted every year, require these radios.
General Mobile Radio Service (GMRS) Radios Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 131.00 Million |
Market Size by 2030 | US$ 162.88 Million |
Global CAGR (2022 - 2030) | 2.9% |
Historical Data | 2020-2021 |
Forecast period | 2022-2030 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
|
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
General Mobile Radio Service (GMRS) Radios Market News and Recent Developments
The general mobile radio service (GMRS) radios market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the general mobile radio service (GMRS) radios market are listed below:
- Tidradio has added more features to its outdoor handheld radio. These features include a flashlight and alarms, which are of great use during the emergency. Also, some of the radios are equipped with GPS.
(Source: ESCORT, November 2022)
- Midland launched two new maximum-wattage GMRS radios such as MXT500, and MXT575. These 50-watt radios come with two form factors and are built for those who want long-range GMRS radios.
(Source: Midland, April 2021)
General Mobile Radio Service (GMRS) Radios Market Report Coverage and Deliverables
The “General Mobile Radio Service (GMRS) Radios Market Size and Forecast (2020–2030)” report provides a detailed analysis of the market covering below areas:
- General mobile radio service (GMRS) radios market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- General mobile radio service (GMRS) radios market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- General mobile radio service (GMRS) radios market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the general mobile radio service (GMRS) radios market
- Detailed company profiles
![Report Coverage](https://www.theinsightpartners.com/assets/rdimages/report_coverage.png)
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
![Segment Covered](https://www.theinsightpartners.com/assets/rdimages/segment_covered.png)
Segment Covered
Type, and Application
![Regional Scope](https://www.theinsightpartners.com/assets/rdimages/regional_scope.png)
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
![Country Scope](https://www.theinsightpartners.com/assets/rdimages/country_scope.png)
Country Scope
Australia, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, South Korea, United Kingdom, United States
Frequently Asked Questions
The market is expected to register a CAGR of 2.9% during 2022–2030.
The leading players operating in the global general mobile radio service (GMRS) radios market are QYT Electronics Co Ltd, Tidradio, Rugged Race Products Inc, Quanzhou Chierda Electronic Telecom Co Ltd, WOUXUN ELECTRONICS CO LTD, Midland Radio Corp, Hongkong Retevis Trade Co Ltd, Fujian Baofeng Electronics Co Ltd, Sainstore Inc and Iradio Electronics Co Ltd.
The global general mobile radio service (GMRS) radios market is expected to reach US$ 132.4 million by 2030.
North America dominated the general mobile radio service (GMRS) radios market in 2022.
Growing in-vehicle application is the major factors that propel the global general mobile radio service (GMRS) radios market.
The development of advanced GMRS radios will play a significant role in the global general mobile radio service (GMRS) radios market in the coming years.
The List of Companies - General Mobile Radio Service (GMRS) Radio Market
- QYT Electronics Co Ltd
- Tidradio
- Rugged Race Products Inc
- Quanzhou Chierda Electronic Telecom Co Ltd
- WOUXUN ELECTRONICS CO LTD
- Midland Radio Corp
- Hongkong Retevis Trade Co Ltd
- Fujian Baofeng Electronics Co Ltd
- Sainstore Inc
- Iradio Electronics Co Ltd